2024 CNY to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 81.6781. Conversely, the yearly low was recorded on December 22, dropping to 78.0144.
This high-to-low spread represents a total annual volatility of 3.6636 SOS. From a start-to-finish perspective, comparing the January average rate of 80.3381 to the December average rate of 78.4639, the exchange rate registered a net change of -2.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 81.6781 was down 3.70% compared to the 2023 peak of 84.8128, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 79.5849, compared to 79.6271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0422 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 2.2872 SOS (High: 80.8242 / Low: 78.5370). On the other end, December was the most stable month, with a tight range of 0.8448 SOS (High: 78.8592 / Low: 78.0144).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.2989 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 80.6320) against the same month in 2023 (average: 78.4793), the exchange rate shifted by +2.1528 (+2.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 80.9601 | 79.4042 | 80.3381 |
| February | 80.9725 | 79.2446 | 79.8761 |
| March | 80.1419 | 78.7036 | 79.3812 |
| April | 80.5655 | 78.7347 | 79.0400 |
| May | 80.7334 | 78.7035 | 79.6898 |
| June | 80.8242 | 78.5370 | 79.1841 |
| July | 80.0801 | 78.4183 | 78.7136 |
| August | 80.6956 | 78.8234 | 79.8387 |
| September | 81.6713 | 80.1514 | 80.7810 |
| October | 81.6781 | 80.1144 | 80.6320 |
| November | 80.5097 | 78.7342 | 79.3331 |
| December | 78.8592 | 78.0144 | 78.4639 |